29 June 2012
One of our clients(new client) paid up capital is 490000 as per the last year's audited financial statements but form 2 showing as 200000 only, what are the consequences they get? and what the way we need to follow to resolve this?
29 June 2012
Check whether any other form 2 is filed for balance 290000 shares (490000-200000). If not Form 2 for the balance 290000 shares need to be filed with ROC with additional filing fees.
Please also check what was the paid up capital of the company at the time of incorporation and also check how many time the company paid capital have been increased and Form-2 filed with ROC.
CAclubindia
